Adar Poonawalla's Sanoti Properties to sell stake in Magma Insurance for Rs 4,500 crore to Patanjali Ayurved and DS Group.

For Adar Poonawalla, this divestment represents a strategic repositioning as he focuses on other ventures within his portfolio. The sale also reflects broader trends of consolidation within India’s ...

Adar Poonawalla-owned Sanoti Properties has approved the sale of its insurance subsidiary Magma General Insurance (erstwhile ...

Mumbai: Adar Poonawalla-owned Sanoti Properties on Thursday said it has approved the sale of its insurance subsidiary, Magma ...

Post the sale, Patanjali and others will hold a 98 percent stake in Magma Insurance. Adar Poonawalla holds 90 percent in Sanoti Properties, one of the entities selling its stake in the general ...

With the acquisition of Magma General Insurance, Patanjali Ayurved, a manufacturer and marketer of herbal, nature-based ...

Billionaire Adar Poonawalla purchased a swanky new Bentley Bentayga EWB Azure. It is one of the most expensive vehicles from ...

Indian billionaires are known for their luxurious lifestyles, often accompanied by an impressive fleet of vehicles and ...

While some of them choose standard Indian cars, some prefer high-end luxury models with added security features. In a recent ...

Sanoti is jointly held by Adar Poonawalla and Rising Sun Holdings Private Limited. Other selling entities include Celica ...

Yoga guru Baba Ramdev’s Patanjali is foraying into insurance sector as billionaire Adar Poonawalla’s Sanoti Properties has ...

Adar Poonawalla owned Sanoti Properties LLP approved sale of its insurance subsidiary, Magma General Insurance, along with ...